Evensky & Katz LLC Sells 287,371 Shares of Schwab US Broad Market ETF $SCHB

Evensky & Katz LLC decreased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,492,961 shares of the company’s stock after selling 287,371 shares during the period. Schwab US Broad Market ETF accounts for 12.7% of Evensky & Katz LLC’s portfolio, making the stock its largest position. Evensky & Katz LLC owned approximately 0.58% of Schwab US Broad Market ETF worth $218,354,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Gallagher Fiduciary Advisors LLC increased its position in Schwab US Broad Market ETF by 2,295.8% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after buying an additional 62,061,116 shares during the period. AlphaCore Capital LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1,400.4% during the second quarter. AlphaCore Capital LLC now owns 5,953,464 shares of the company’s stock valued at $141,871,000 after acquiring an additional 5,556,673 shares during the period. Caprock Group LLC bought a new position in shares of Schwab US Broad Market ETF during the third quarter worth about $54,987,000. Weaver Capital Management LLC acquired a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $35,322,000. Finally, Rebalance LLC increased its holdings in shares of Schwab US Broad Market ETF by 10.0% in the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after acquiring an additional 1,320,879 shares during the period.

Schwab US Broad Market ETF Stock Down 1.4%

Shares of NYSEARCA:SCHB opened at $25.91 on Monday. The company’s 50-day moving average price is $26.54 and its 200 day moving average price is $26.05. The company has a market cap of $37.75 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.94.

Schwab US Broad Market ETF Company Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available. The types of derivatives used by the Fund are options, futures, options on futures and swaps.